Hi Rayfire,
Honestly, I'd still be using the Capsule Neo if it hadn't broken so quickly. The Neo is a little bulkier than this case, but I certainly wasn't bothered by it. That case actually comes with a few extras which are really nice, like the included dock adapter. I was really hesitant to buy another, though, after it broke so quickly and SwitchEasy didn't respond to my emails...so that situation got me looking at cases again.
The protection on both cases is about the same. The Neo offers extra protection with the dock and headphone covers, if you use them. This iSkin case grips a tabletop a little bit better (and sits flat), so that together with the cheaper price point give it an edge for me. I also like the subtle pattern on the back of this case, but that has nothing to do with usability.
Both are great cases and I think folks would be happy with either one...